MSCI managing director and the Asia Pacific Index business head Theodore Niggli said that dividends produced from the stocks in the MSCI China A Index have grown significantly from RMB12.95bn in 2005 to RMB94.7bn in 2012.
"The MSCI China A High Dividend Yield Index offers a timely new index choice for clients interested in this subset of the China A-Share market," Niggli added.
The new index had been designed to serve as a benchmark for investors seeking for the high dividend yielding opportunity within the flagship MSCI China A Index or as the basis for financial products such as exchange traded funds.
Calculated using free float-adjusted market capitalization weights, the index comprises only securities that offer a higher-than-average dividend yield such as 30% higher compared to the parent index.
MSCI offers investment decision support solutions including indices, portfolio risk and performance analytics, and governance tools to asset managers, banks, hedge funds and pension funds.
